Final Thoughts

Final Thoughts
Written by John Packard
November 18, 2016
Later this week is Thanksgiving so we will have an abbreviated publishing schedule this week. We will publish on Tuesday and we will not publish on Thursday. If we publish on Sunday it will be a shorter than normal issue and then we will get back to our normal schedule until we reach the Christmas and New Year’s Holidays.
We started our mid-November flat rolled market survey on Friday and we will collect responses through 5 PM on Tuesday of this week. If you received an invitation please take a few minutes to click on the button in the message which will take you to the questionnaire.
We will continue to collect information on the new coating extras. We know there are a couple of mills who are not represented in the analysis that we did in tonight’s issue and we will catch up to those and put the comparisons on our website as the week progresses.
I want to welcome those of you who have recently become members as well as those who have signed up for a trial of our newsletter/website. We encourage questions, comments and suggestions, so if you have anything you would like to have us dig deeper into please send us an email to: info@SteelMarketUpdate.com.
As always your business is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher

John Packard
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United Airlines raised eyebrows earlier this month when it provided two forecasts for 2025 – one assuming a relatively stable economy and another assuming a recession. The reason? Uncertainty around the impact of President Trump’s policy shocks on the broader economy. And it sometimes feels like we’re seeing a battle between those two narratives (stable vs recession) play out within in the pages of this newsletter.

Final Thoughts
Despite some scary headlines lately (especially about Trump potentially firing Fed Chair Jerome Powell) this is not October 2008 (financial crisis) or March 2020 (onset of the pandemic). But it sure seems like we’ve taken a relatively strong economy and poured a thick sauce of uncertainty over it.

Final Thoughts
I put some of our survey data through ChatGpt, with interesting results.